US Pro Rata Share means, at any time with respect to any US Facility Lender, (i) the ratio (expressed as a percentage) of such US Facility Lender’s US Commitment at such time to the aggregate US Commitments at such time, (ii) if all of the US Commitments have been terminated, the ratio (expressed as a percentage) of such US Facility Lender’s aggregate outstanding US Advances at such time to the total aggregate outstanding US Advances at such time, or (iii) if no US Advances are then outstanding, then “US Pro Rata Share” shall mean the “US Pro Rata Share” most recently in effect, after giving pro forma effect to any Assignment and Acceptances.
US Pro Rata Share means the proportion that the Outstanding Amount bears to the then outstanding principal balance of all loan and other obligations outstanding under the UK Loan Documents.
US Pro Rata Share means at any time, with respect to any US Revolving Lender, a fraction (expressed as a percentage), the numerator of which is the amount of the US Revolving Credit Commitment of such US Revolving Lender, and the denominator of which is the sum all US Revolving Credit Commitments at such time.
Examples of US Pro Rata Share in a sentence
Until each US Facility Lender funds its US Advance or risk participation pursuant to clause (c) above, interest in respect of such US Facility Lender’s US Pro Rata Share of the Swing Line Advances shall be solely for the account of the Swing Line Lender.
In this situation the radar would be recorded in an appropriate asset account at its expected net realizable value.
The US Administrative Agent shall promptly forward notice of the making of such US Advance (or its intention to make such US Advances) to the US Facility Lenders, and each US Facility Lender shall make available such US Facility Lender’s US Pro Rata Share of such US Advance to the US Administrative Agent.
The Borrowers agree to pay to the US Administrative Agent for the account of each US Facility Lender a Commitment Fee equal to the Applicable Margin on the average daily amount 66 by which such US Facility Lender’s US Commitment exceeds the sum of (A) such US Facility Lender’s outstanding US Advances plus (B) such US Facility Lender’s US Pro Rata Share of the Letter of Credit Exposure, at the rate equal to the Applicable Margin for Commitment Fees for such period.
If such US Pro Rata Share is not, in fact, paid to Agent by such US Lender when due, Agent will be entitled to recover such amount on demand from such US Lender without setoff, counterclaim or deduction of any kind.
More Definitions of US Pro Rata Share
US Pro Rata Share means at any time, with respect to any US Revolving Lender or US Risk Participant, as the case may be, a fraction (expressed as a percentage), the numerator of which is the amount of the Voting Commitment of such US Revolving Lender or US Risk Participant, as the case may be, and the denominator of which is the sum of the amount of all US Revolving Credit Commitments at such time.
US Pro Rata Share means with respect to all matters relating to any Lender (a) with respect to the U.S. Revolving Loan or the U.S. Dollars Swing Line Loan, the percentage obtained by dividing (i) the U.S. Revolving Commitment of that Lender by (ii) the aggregate U.S. Revolving Commitments of all Lenders, (b) with respect to the U.S. Term Loan, the percentage obtained by dividing (i) the U.S. Term Loan Commitment of that Lender by (ii) the aggregate U.S. Term Loan Commitments of all Lenders, as any such percentages may be adjusted by assignments permitted pursuant to Section 9.1 or as a result of any Extension Agreement or Joinder Agreement, (c) with respect to all U.S. Loans, the percentage obtained by dividing (i) the aggregate U.S. Commitments of that Lender by (ii) the aggregate U.S. Commitments of all Lenders, and (d) with respect to all U.S. Loans on and after the Commitment Termination Date, the percentage obtained by dividing (i) the aggregate outstanding principal balance of the U.S. Loans held by that Lender, by (ii) the outstanding principal balance of the U.S. Loans held by all Lenders.
US Pro Rata Share means with respect to all matters relating to any Lender (a) with respect to the U.S. Revolving Loan or the U.S. Dollars Swing Line Loan, the percentage obtained by dividing (i) the U.S. Revolving Loan Commitment of that Lender by (ii) the aggregate U.S. Revolving Loan Commitments of all Lenders, (b) with respect to the U.S. Term Loan, the percentage obtained by dividing (i) the U.S. Term Loan Commitment of that Lender by (ii) the aggregate U.S. Term Loan Commitments of all Lenders, as any such percentages may be adjusted by assignments permitted pursuant to Section 9.1, (c) with respect to all U.S. Loans, the percentage obtained by dividing (i) the aggregate U.S. Commitments of that Lender by (ii) the aggregate U.S. Commitments of all Lenders, and (d) with respect to all U.S. Loans on and after the Commitment Termination Date, the percentage obtained by dividing (i) the aggregate outstanding principal balance of the U.S. Loans held by that Lender, by (ii) the outstanding principal balance of the U.S. Loans held by all Lenders.
US Pro Rata Share means the “US Pro Rata Share” most recently in effect, after giving pro forma effect to any Assignment and Acceptances.
US Pro Rata Share means, at any time with respect to any US Facility Lender, (i) the ratio (expressed as a percentage) of such US Facility Lender’s US Commitment at such time to the aggregate US Commitments at such time, (ii) if all of the US Commitments have been terminated, the ratio(expressed as a percentage) of such US Facility Lender’s aggregate outstanding US Advances at such time to the total aggregate outstanding US Advances at such time, or (iii) if no US Advances are then outstanding, then “US Pro Rata Share” shall mean the “US Pro Rata Share” most recently in effect, after giving pro forma effect to any Assignment and Acceptances.
US Pro Rata Share means with respect to all matters relating to any US Lender, (a) with respect to the US Revolving Loan and the Term Loan A, the percentage obtained by dividing (i) the US Revolving Loan Commitment and Term Loan A Commitment of that US Lender by (ii) the aggregate US Revolving Loan Commitments and Term Loan A Commitments of all US Lenders, as any such percentages may be adjusted by assignments permitted pursuant to Section 9.1, (b) with respect to the Term Loan B, the percentage obtained by dividing (i) the Term Loan B Commitment of that US Lender by (ii) the aggregate Term Loan B Commitments of all US Lenders, as any such percentages may be adjusted by assignments permitted pursuant to Section 9.1, (c)with respect to all US Loans prior to the Commitment Termination Date, the percentage obtained by dividing (i) the aggregate US Commitments of that US Lender by (ii) the aggregate US Commitments of all US Lenders, and (d) with respect to all US Loans on and after the Commitment Termination Date, the percentage obtained by dividing (i) the aggregate outstanding principal balance of the US Loans held by that US Lender, by (ii) the outstanding principal balance of the US Loans held by all US Lenders.
US Pro Rata Share means, for any U.S. Lender at any time, the proportion (expressed as a decimal, rounded to the ninth decimal place) that the amount of such U.S. Lender’s U.S. Commitment constitutes of the Aggregate U.S. Commitment (or, after the U.S. Commitments have terminated, that the U.S. Outstandings of such U.S. Lender constitute of the Total U.S. Outstandings). The initial U.S. Pro Rata Share of each Lender is set forth opposite the name of such Lender on Schedule 2.1 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable.